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EL CAJON Property for sale: 247-263 Millar Ave

247-263 Millar Ave El Cajon

Main Photo: EL CAJON Property for sale: 247-263 Millar Ave
$1,085,000
Prop. Type:
2-4 Units
MLS® Num:
240009564
Status:
Active
Year Built:
1960
Spacious 3 units with a lot of potential rent upside. Front detached 2/1 home is almost 900 sf which offers an opportunity for owner occupant while the back duplex can produce rents to help with monthly obligations. 2 units in the back are identical and each unit is 2/1 and 900Sf. All 3 units come with laundry hookups. All tenants are long term and month to month.
Total Floor Area:
Switch units of measure7,909 sq. ft.
Lot Size:
7,500-10,889 SF
Lot Size:
Switch units of measure7,840.8 sq. ft.
Number of Buildings:
2
Number of Units:
3
Year Built:
1960
Stories:
1 Story
Total Stories:
1
Market Area:
East County
Community:
EL CAJON
County:
San Diego
Neighborhood Code:
El Cajon
Name of Complex/Subdivision:
El Cajon
Home Owner Fees:
0.0
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
N/K
Projected net operating income:
58600
Other income:
0
Projected other income:
0.0
Annual expense actual:
21842
Projected annual expense:
25400
Cap Rate.:
3.75
Projected Cap Rate.:
5.33
Gross Rent Multiplier:
17.4
Projected Gross Rent Multiplier:
13.1
Gross scheduled income:
5200
Projected gross scheduled income:
7000
Unit Number for Unit 1:
247
Finished Area for Unit 1:
Switch units of measure870 sq. ft.
Bedrooms for Unit 1:
2
Number of bathrooms for Unit 1:
1
Full Bathrooms for Unit 1:
1
Half Bathrooms for Unit 1:
0
Deposit for Unit 1:
1000.0
Total Rent for Unit 1:
1850.0
Projected Rent for Unit 1:
2400.0
Unit 1 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 1:
Yes
Unit Number for Unit 2:
261
Finished Area for Unit 2:
Switch units of measure900 sq. ft.
Bedrooms for Unit 2:
2
Number of bathrooms for Unit 2:
1
Full Bathrooms for Unit 2:
1
Half Bathrooms for Unit 2:
0
Deposit for Unit 2:
500.0
Total Rent for Unit 2:
1700.0
Projected Rent for Unit 2:
2300.0
Unit 2 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 2:
Yes
Unit Number for Unit 3:
263
Finished Area for Unit 3:
Switch units of measure900 sq. ft.
Bedrooms for Unit 3:
2
Number of bathrooms for Unit 3:
1
Full Bathrooms for Unit 3:
1
Half Bathrooms for Unit 3:
0
Deposit for Unit 3:
500.0
Total Rent for Unit 3:
1650.0
Projected Rent for Unit 3:
2300.0
Unit 3 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 3:
Yes
Number of bathrooms for Unit 4:
0
Main and Millar
Exterior Features:
Stucco
Cooling:
Wall/Window
Additional Use:
N/K
Number of Units with Cooling:
0
Number of Units with Dishwashers:
0
Number of Units with Dryers:
3
Number of Units with Fireplaces:
0
Number of Furnished Units:
0
Number of Units with Garages:
0
Number of Units with Patios:
2
Number of Units with Range/Oven:
3
Number of Units with Refrigerators:
3
Number of Units with Washers:
3
Roof:
Composition
Security:
N/K
Fencing:
Partial
Short Sale:
No
Listing Type:
Exclusive Right (R)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cash, Conventional, FHA
Parcel Number:
487-292-01-00
Listed by DT America Realty
Data was last updated May 29, 2024 at 07:10 PM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty
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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego Multiple Listing Service, Inc.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego Multiple Listing Service, Inc.